Quarterly report [Sections 13 or 15(d)]

Stock-Based Compensation (Tables)

v3.25.2
Stock-Based Compensation (Tables)
6 Months Ended
Jun. 28, 2025
Share-Based Payment Arrangement, Noncash Expense [Abstract]  
Summary of Restricted Stock and RSU Activity

The following table summarizes RSU activity for the six months ended June 28, 2025:

 

 

 

 

 

Weighted Average

 

 

 

Number of Units

 

 

Grant-Date

 

 

 

(in thousands)

 

 

Fair Value per Share

 

Nonvested balance at December 28, 2024

 

 

224

 

 

$

49.13

 

Granted

 

 

114

 

 

 

38.06

 

Vested

 

 

(74

)

 

 

55.38

 

Forfeited

 

 

(18

)

 

 

43.64

 

Nonvested balance at June 28, 2025

 

 

246

 

 

$

42.52

 

Summary of Stock Options Granted

At June 28, 2025, the Company had $2.4 of unrecognized compensation cost related to the options, which is expected to be recognized over a weighted average period of 2.6 years.

 

 

Number of
Shares
(not rounded)

 

 

Weighted Average
Exercise Price

 

Outstanding at December 28, 2024

 

 

46,529

 

 

$

42.29

 

Granted

 

 

131,933

 

 

 

39.80

 

Forfeited/Expired

 

 

(14,218

)

 

 

39.92

 

Outstanding at June 28, 2025

 

 

164,244

 

 

 

40.50

 

Exercisable at June 28, 2025 (A)

 

 

4,693

 

 

 

49.67

 

(A) Options expire between the years 2030-2032 with strike prices between $39.75 - $55.03.